Southway - NE15 7RA
Key Postcode Insights
NE15 7RA is a residential postcode situated on Southway, Newcastle Upon Tyne, NE15 with 34 addresses.
It ranks as the 748th largest and 412th most expensive of the 874 postcodes in the NE15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 34 properties: 28 houses and 6 flats.
- Ave. Sale Price
- £136,428
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £889pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £173/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
NE15 7RA is a residential postcode situated on Southway, Newcastle Upon Tyne, NE15 with 34 addresses.
It ranks as the 748th largest and 412th most expensive of the 874 postcodes in the NE15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 34 properties: 28 houses and 6 flats.
- Ave. Sale Price
- £136,428
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £889pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £173/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertiesin NE15 7RA
- 1 Southway
3 Bed Mid-century House
- 2 Southway
Unknown
- 3 Southway
3 Bed Mid-century House
- 4 Southway
3 Bed Mid-century House
- 5 Southway
3 Bed Mid-century House
Sales Market Trends
The last sale in NE15 7RA sold for £170,000 on 6th March 2026. Since then prices are up an average of 3.7%.
The current average value in the postcode is £136,428.
The NE15 7RA Sales Market has increased by 24.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £136,428 |
| June 2025 | 3.8% | £136,117 |
| June 2024 | -0.9% | £131,181 |
| June 2023 | 1.1% | £132,393 |
| June 2022 | 9.2% | £130,979 |
| June 2021 | 6.2% | £119,907 |
| June 2020 | 1.3% | £112,887 |
| June 2019 | -1.2% | £111,389 |
| June 2018 | 5.2% | £112,772 |
| June 2017 | -1.9% | £107,180 |
| June 2016 | 2.5% | £109,300 |
| June 2015 | 2.2% | £106,656 |
| June 2014 | 2.7% | £104,382 |
| June 2013 | -1.6% | £101,669 |
| June 2012 | -0.3% | £103,279 |
| June 2011 | -3% | £103,630 |
| June 2010 | 0.8% | £106,845 |
| June 2009 | -12.2% | £105,977 |
| June 2008 | -1.4% | £120,650 |
| June 2007 | 0% | £122,342 |
Rental Market Trends
The current average rental value in the postcode is £889.
The NE15 7RA Rental Market has increased by 50.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £889pcm |
| June 2025 | 3.8% | £868pcm |
| June 2024 | 7.8% | £836pcm |
| June 2023 | 10.9% | £776pcm |
| June 2022 | 10% | £699pcm |
| June 2021 | 3.1% | £636pcm |
| June 2020 | 2% | £617pcm |
| June 2019 | 1.7% | £605pcm |
| June 2018 | 0.4% | £594pcm |
| June 2017 | 0.4% | £592pcm |
| June 2016 | 0.7% | £589pcm |
| June 2015 | 1.9% | £585pcm |
| June 2014 | 1.2% | £574pcm |
| June 2013 | 0.5% | £568pcm |
| June 2012 | 0.3% | £565pcm |
| June 2011 | 0.2% | £563pcm |
| June 2010 | 1% | £562pcm |
| June 2009 | -4% | £557pcm |
| June 2008 | -1.3% | £580pcm |
| June 2007 | 0% | £587pcm |
Sales History
The last sale was on 6th March 2026 for £170,000 and since then the market in the area has increased by 3.7%. The postcode has had a total of 18 sales since 1995.
NE15 7RA has seen 6 sales in the last three years and 3 sales in the last twelve months.
- Sold Mar 2026£170,000 | 3 Bed House41, Southway, Newcastle Upon Tyne, NE15 7RA41, Southway, Newcastle Upon Tyne, NE15 7RA
- Sold Oct 2025£145,000 | 3 Bed House4, Southway, Newcastle Upon Tyne, NE15 7RA4, Southway, Newcastle Upon Tyne, NE15 7RA
- Sold Jul 2025£135,000 | 3 Bed House19, Southway, Newcastle Upon Tyne, NE15 7RA19, Southway, Newcastle Upon Tyne, NE15 7RA
- Sold Jul 2024£145,000 | 3 Bed House1, Southway, Newcastle Upon Tyne, NE15 7RA1, Southway, Newcastle Upon Tyne, NE15 7RA
- Sold Sep 2023£165,000 | 3 Bed House7, Southway, Newcastle Upon Tyne, NE15 7RA7, Southway, Newcastle Upon Tyne, NE15 7RA
Nearby Postcodes
NE15 7RA is the 748th largest and the 412th most expensive postcode out of the 874 postcodes in the NE15 area.
- NE15 7RE, Centurion Road, Newcastle Upon Tyne, NE15NE15 7RE23 Addresses|76 m away
- NE15 7RL, Wallington Drive, Newcastle Upon Tyne, NE15NE15 7RL43 Addresses|87 m away
- NE15 7RH, Hillside Avenue, Newcastle Upon Tyne, NE15NE15 7RH40 Addresses|89 m away
- NE15 7QY, The Ramparts, Newcastle Upon Tyne, NE15NE15 7QY27 Addresses|96 m away
- NE15 7RP, Falstone Avenue, Newcastle Upon Tyne, NE15NE15 7RP29 Addresses|128 m away
Property Types
- 3 modern houses built after 1980
- 13 mid-century houses built between 1936 and 1979
- 4 mid-century flats built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 12 other addresses of unknown type
- modern house (3)
- mid-century house (13)
- mid-century flat (4)
- early-century house (2)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (13)
- G (0)
- D (8)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Mar 2026£200,000 | 3 Bed House56, Southway, Newcastle Upon Tyne, NE15 7RD56, Southway, Newcastle Upon Tyne, NE15 7RD
- Sold Jan 2024£190,000 | 3 Bed House95, Southway, Newcastle Upon Tyne, NE15 7RD95, Southway, Newcastle Upon Tyne, NE15 7RD
- Sold Jul 2022£183,975 | 4 Bed House97, Southway, Newcastle Upon Tyne, NE15 7RD97, Southway, Newcastle Upon Tyne, NE15 7RD
Schools Nearby
- Broadwood Primary School500 m away
- Waverley Primary School800 m away
- St Bede's Catholic Primary School, Newcastle800 m away
- Studio West1.1 km away
- St Cuthbert's High School1.5 km away
- Sacred Heart Catholic High School2.5 km away
More reading links
Public Transport Nearby
The closest station to NE15 7RA is Blaydon station, which is 2.3 kilometres away.
- Blaydon|2.3 km away
- MetroCentre|3.5 km away
- Dunston|5.2 km away
- Newcastle|5.4 km away
